Real Estate Journal — Green Buildings — May 29 - June 11, 2015 — 15B
M id A tlantic
G reen B uildings In conjunction with Somerset Construction and Elm Street Development Company St. John Properties begins construction on three speculative buildings at Baltimore Crossroads
ALTIMORE , MD — St. John Proper- ties, Inc. has initiat- ed construction on three ad- ditional speculative commer- cial office buildings, totaling approximately 127,000 s/f of space, at Baltimore Cross- roads, a master-planned 1,200 acre mixed-use busi- ness community located in the White Marsh section of Baltimore County, Mary- land. In the fourth quarter of 2014, St. John Properties leased more than 100,000 s/f of commercial office and R&D/flex office space to eight separate tenants at the busi- ness community. Located along MD Route 43 near I-95, Baltimore Crossroads is configured to support more than five mil- lion s/f of commercial office, R&D/flex, warehouse, indus- trial and retail space, as well as a hotel and a residential component. St. John Prop- erties has constructed 17 buildings totaling more than 500,000 s/f of commercial office, R&D/flex office and retail space at the business community since 2008. More than 2,500 people currently live and work at Baltimore Crossroads. The new speculative build- ings St. John Properties is constructing are 11685 Crossroads Circle, a 54,120 s/f single-story office build- ing; 11695 Crossroads Circle, a 33,120 s/f single-story office building; and 11675 Crossroads Circle, a 40,080 s/f R&D/flex office building. All three will be constructed to achieve LEED-Gold cer- tification. 11675 Crossroad Circle reflects the new and upgraded R&D/flex design building prototype unveiled by St. John Properties, which includes 18 foot clear ceiling heights and an increased glass line. St. John Properties and Somerset Construction , in conjunction with Elm Street Development Com- pany , have carved out a 200-acre section of the busi- ness community to create Greenleigh at Crossroads, a “new urbanism-style” de- velopment with a compact, pedestrian-friendly design with approximately 2,500 new residential units includ- ing single-family homes, townhomes, condominiums and apartments; a multi-sto- B
ry office component featur- ing 500,000 s/f of space; and 100,000 s/f of retail space. The first phase of this sec- tion, which utilizes a classic town center design to enable use by pedestrians instead of cars, is expected to break ground in early 2016. “Continued leasing momen- tum at Baltimore Crossroads provides us with tremendous confidence to pro-actively in- crease the product inventory at this business community,” said Richard Williamson , senior vice president of leas- ing for St. John Properties.
“The White Marsh and east- ern Baltimore County mar- ketplace is attracting strong interest from numerous au- diences, as evidenced by the pending arrival of a new, major retail outlet center, the construction and leasing of several large distribution buildings, the continued in- crease in residential units and the highway improvements underway along Interstate 95. Our corporate philosophy dic- tates having available ready- to-move-in office inventory to respond to the dynamics of the market.” n
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